Popular on Rezul
- Vitanergy Health US Inc. Launches Three New Dietary Supplements to Support Women's Daily Wellness - 176
- Sanadatum(SDTM) Foundation Launches Revolutionary Health Data Economy Platform - 157
- Where You Play Matters: MrBet Decodes Europe's Complex Gambling Tax Rules in New Report - 157
- Genpak Increases Foodservice Packaging Efficiency for Emerging Restaurants - 152
- Heritage at South Brunswick Announces Two New Building Releases In Townhome Collection - 150
- Assent Joins AWS ISV Accelerate Program - 131
- Delirious Comedy Club and House of Magic Open 2nd Location at Silver Sevens Hotel & Casino - Vegas-Quality Shows, Old Vegas Prices - 123
- OddsTrader Asks: What Are the Chances Your Team Makes the NFL Playoffs? - 117
- Vancouver Community College Forms Strategic Partnership with PebblePad - 116
- RUNWAY Milestones 1995-2025 Global Influence - 115
Similar on Rezul
- The Learning Circle Childcare Centre – South Surrey Campus Currently Enrolling for September & Fall
- New Leadership Model – Never Fire Anyone – Released Today
- Black Plumbing Expands to Cleburne, TX, Bringing Over 30 Years of Trusted Plumbing Service
- The Squires Group Becomes a Workday Partner
- EZSMO Launches Premium Aged Reddit Accounts and Marketing Solutions with 15-Day Ban-Free Guarantee
- Shaping the Future of Congresses and Conventions: Osvaldo Rivera's Double Win at LAWA 2025
- A Quality 4.0 roadmap is now available!
- DT Digital Relaunches as Redouble Digital, Expanding from Freelance Operation to Full-Service E-commerce Marketing Agency
- Voices Across the Men's Health Network:
- TNT Removal & Disposal Celebrates Record Year Helping Pennsylvania Property Owners Reclaim Space
Griffen Plumbing and Heating of Elkhart, IN, acquired by Astra Service Partners of New York City, NY
Rezul News/10710208
ELKHART, Ind. - Rezul -- Calder Capital is pleased to announce the successful sale of Griffen Plumbing and Heating (Griffen) of Elkhart, Indiana, to Astra Service Partners, a platform company of Orion Group based in New York City, New York.
Founded in 1982, Griffen has built a strong reputation for their plumbing and HVAC services across Northern Indiana and Southwest Michigan. Pursuing retirement to spend more time with family and travelling, Owner of Griffen, Todd Mikel, engaged Calder Capital's Sell-Side.
As part of the Astra network, Griffen will now work closely with fellow Midwest partner Air Comfort, a top HVAC provider.
"I'm grateful to our team and customers," shared Mikel. "After a fulfilling career, I'm ready for my next chapter, one that includes more time with my family and quiet mornings spent fishing."
"We are thrilled to welcome Griffen to Astra Service Partners," stated Joel Fonseca of Orion Group. "We look forward to supporting Griffen's continued growth and success in the Midwest market."
More on Rezul News
Matt Uhl of Calder Capital served as the Lead Mergers & Acquisitions Advisor to Griffen Plumbing and Heating. Aiding in the transaction was Lead Associate Greg Weess.
During the process, Griffen attracted interest from a wide pool of qualified buyers, with Calder Capital distributing 243 CIMs and Griffen ultimately receiving 8 offers.
"Reflecting on the transaction, I am positive that Matt and Calder Capital found us the right partner to propel Griffen to new heights. There is a level of peace and contentment that I have found as I closed this chapter of my life, knowing that Griffen is in great hands. I credit Matt's tenacity and thoughtful counsel as key factors in this successful sale," stated Mikel.
"Matt and the Calder Capital team kept all parties aligned and made a complex process far more manageable. We greatly appreciated working with Matt throughout," added Fonseca.
"Calder Capital's expertise in plumbing and HVAC mergers and acquisitions continues to drive compelling results for clients seeking to sell or grow their businesses in these industries," said Max Friar, Managing Partner of Calder Capital.
More on Rezul News
Calder Capital served as the Exclusive Sell-Side (https://www.caldergr.com/our-services/for-sellers/) Mergers and Acquisitions Advisor to Griffen Plumbing and Heating.
Learn more about Griffen Plumbing and Heating at: www.GriffenPH.com.
Learn more about Astra Service Partners at: www.AstraServicePartners.com
Learn more about Orion Group at: www.OrionServicesGroup.com.
About Calder Capital:
Founded in 2013, Calder Capital is a cross-industry mergers and acquisitions advisory firm with offices across the United States. Calder provides valuation, sell-side, and buy-side services. We are nationally recognized for excellence in advising $1-100M enterprise value transactions in manufacturing, construction, distribution, and business services. Calder serves business owners, entrepreneurs, family offices, financial buyers, and investors. Learn more at www.CalderGR.com.
Founded in 1982, Griffen has built a strong reputation for their plumbing and HVAC services across Northern Indiana and Southwest Michigan. Pursuing retirement to spend more time with family and travelling, Owner of Griffen, Todd Mikel, engaged Calder Capital's Sell-Side.
As part of the Astra network, Griffen will now work closely with fellow Midwest partner Air Comfort, a top HVAC provider.
"I'm grateful to our team and customers," shared Mikel. "After a fulfilling career, I'm ready for my next chapter, one that includes more time with my family and quiet mornings spent fishing."
"We are thrilled to welcome Griffen to Astra Service Partners," stated Joel Fonseca of Orion Group. "We look forward to supporting Griffen's continued growth and success in the Midwest market."
More on Rezul News
- Integris Composites Joins Pacific Future Forum in Tokyo
- Titan Pressure Washing Educates Stuart Florida Neighborhoods on Lichen, Algae, and Moss Cleanup
- BusinessRate Selects New Jersey Therapy & Life Coaching as Best Couselors
- DFW Hard Money Rebrands as PBR Capital Partners, Signaling a Broader, Growing CRE Finance Platform
- IRL Investigations Combines Decades of Experience with Modern Digital Expertise
Matt Uhl of Calder Capital served as the Lead Mergers & Acquisitions Advisor to Griffen Plumbing and Heating. Aiding in the transaction was Lead Associate Greg Weess.
During the process, Griffen attracted interest from a wide pool of qualified buyers, with Calder Capital distributing 243 CIMs and Griffen ultimately receiving 8 offers.
"Reflecting on the transaction, I am positive that Matt and Calder Capital found us the right partner to propel Griffen to new heights. There is a level of peace and contentment that I have found as I closed this chapter of my life, knowing that Griffen is in great hands. I credit Matt's tenacity and thoughtful counsel as key factors in this successful sale," stated Mikel.
"Matt and the Calder Capital team kept all parties aligned and made a complex process far more manageable. We greatly appreciated working with Matt throughout," added Fonseca.
"Calder Capital's expertise in plumbing and HVAC mergers and acquisitions continues to drive compelling results for clients seeking to sell or grow their businesses in these industries," said Max Friar, Managing Partner of Calder Capital.
More on Rezul News
- Corner Property Management Selected as New Management Company for Lakebridge Community Association
- New Leadership Model – Never Fire Anyone – Released Today
- AureaVault Launches U.S.-Licensed Cryptocurrency Exchange with Enhanced Security Features
- IOTAP Named to 2025 Inc. 5000 List of America's Fastest-Growing Private Companies
- Lineus Medical and Venture Medical Sign New Zealand Distribution Agreement
Calder Capital served as the Exclusive Sell-Side (https://www.caldergr.com/our-services/for-sellers/) Mergers and Acquisitions Advisor to Griffen Plumbing and Heating.
Learn more about Griffen Plumbing and Heating at: www.GriffenPH.com.
Learn more about Astra Service Partners at: www.AstraServicePartners.com
Learn more about Orion Group at: www.OrionServicesGroup.com.
About Calder Capital:
Founded in 2013, Calder Capital is a cross-industry mergers and acquisitions advisory firm with offices across the United States. Calder provides valuation, sell-side, and buy-side services. We are nationally recognized for excellence in advising $1-100M enterprise value transactions in manufacturing, construction, distribution, and business services. Calder serves business owners, entrepreneurs, family offices, financial buyers, and investors. Learn more at www.CalderGR.com.
Source: Calder Capital
Filed Under: Services
0 Comments
Latest on Rezul News
- The Squires Group Becomes a Workday Partner
- From Vernon Hills to Mensa Before Kindergarten
- PermianMuseum.com adds Interstellar Visitor Video Gallery
- SOBREO Elixirs Debut in New York City, Defining a New Era in Inclusive Hospitality
- Allen Field to Showcase Sustainable Paper Handle Applicator at PACK EXPO Las Vegas 2025
- Laughter, Magic & Mayhem Take Over Las Vegas At Two Hot Locations! Delirious Comedy Club & House of Magic Bring Nonstop Entertainment
- 500% Increase in Revenue for Q2 with Acquisition Plans Including UK Telecom 3D Design/Modeling Company for Global AI Drone & Quantum Computing Leader
- K2 Integrity and Rafidain Bank Launch Strategic Partnership to Strengthen Financial Integrity
- Anern's 2025 Global Energy Journey: Expanding Clean Energy Across Four Continents
- Southern Hills Expands Builder Team with Spire Homes
- Joint Venture for Expansion Into Asset-Backed Real Estate; $100 Million Initiative via Offering of Shares at Over $4 for Digital Assets: $OFAL
- Mrs. Field's Closet Expands to Minot North High School
- $1 Billion Revenue Target, $15M EBITDA Run Rate Plan, and a Breakout Moment for This Global Tech Powerhouse: IQSTEL, Inc. (N A S D A Q: IQST):
- Wohler announces release of a new innovative MPEG SRT, H.264 and H.265 HEVC Audio & Video monitor
- Historic Agreement Reached Between The Providence Foundation And City Of San Francisco Paves Way For Stronger Community Resources For The Homeless
- Create Personalized Happy Birthday Songs Instantly with Sing Me Happy Birthday's New Free Birthday Song Maker
- Culligan Ultrapure Leases Industrial Facility on Agnes Street in Corpus Christi
- Your Local House Buyer Highlights 7 Benefits of Selling Your House for Cash in North Carolina
- Mothers Against Drunk Driving Recognizes Debra Gudema with Leadership Certificate
- French Drain Contractors Near Me | Denver Grading & Drainage Experts